Duratech Cements India Limited

Founded in 2014 and headquartered in Chandigarh, India.

2014 | Chandigarh, Chandigarh (India) | Active
Last Updated: July 02, 2024

Duratech Cements India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 79.13 Cr
  • Revenue Growth -81.40%
  • Profit Growth -18.35%
  • Net Worth 1.70%
  • Total Assets 70.00%

About Duratech Cements India

Duratech Cements India Limited (DCIL) is a Public Limited Indian Non-Government Company incorporated in India on 21 February 2014 and has a history of Ten years and 11 months. Its registered office is in Chandigarh, Chandigarh, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹79.13 Cr.

Satish Avasthi, Ashok Gupta, Harish Agarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chandigarh, Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26933CH2014PLC042728

  • Company No.

    042728

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Feb 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Duratech Cements India?

Executive Team (1)

Name Designation Appointment Date Status
Karan Agarwal Country flag representing In Managing Director 21-Feb-2014 Current

Board Members (5)

Name Designation Appointment Date Status
Satish Avasthi Country flag representing In Additional Director 16-Mar-2024 Current
Ashok Gupta Country flag representing In Director 30-Nov-2021 Current
Harish Agarwal Country flag representing In Director 21-Feb-2014 Current
Anil Nagpal Country flag representing In Director 16-Jun-2014 Current
Rashmi Sharma Country flag representing In Additional Director 16-Mar-2024 Current

Financial Performance of Duratech Cements India.

Duratech Cements India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 81.4% decrease. The company also saw a substantial fall in profitability, with a 18.35% decrease in profit. The company's net worth moved up by a moderate rise of 1.7%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-81.40%
Revenue from Operations
Total Assets
70.00%
Profit or Loss
-18.35%
Net Worth
1.70%
EBITDA

What is the Ownership and Shareholding Structure of Duratech Cements India?

In 2023, Duratech Cements India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹79.13 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 79.13 Cr

Latest Charge Details

Date Lender Amount Status
08 Feb 2023 Others ₹1.13 Cr Open
17 Mar 2021 Others ₹78.00 Cr Open

How Many Employees Work at Duratech Cements India?

Unlock and access historical data on people associated with Duratech Cements India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Duratech Cements India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Duratech Cements India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Duratech Cements India

Recent activity within the organization

  • Director Appointment

    Satish Kumar Avasthi was appointed as a Additional Director was appointed as a Additional Director on 16 Mar 2024 & has been associated with this company since 10 months 18 days .

    16 Mar 2024

  • Director Appointment

    Rashmi Sharma was appointed as a Additional Director was appointed as a Additional Director on 16 Mar 2024 & has been associated with this company since 10 months 18 days .

    16 Mar 2024

  • Annual General Meeting

    Duratech Cements India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 78.00 Cr registered on 17 Mar 2021 with Charge ID 100426965 was modified on 23 Aug 2023.

    23 Aug 2023

  • Balance Sheet

    Duratech Cements India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.13 Cr with Charge ID 100687194 was registered on 08 Feb 2023.

    08 Feb 2023

Frequently asked questions

  • Duratech Cements India Limited was incorporated on 21 Feb 2014.

  • The authorized share capital of Duratech Cements India Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 6 directors are associated with Duratech Cements India Limited.

    • Satish Kumar Avasthi
    • Ashok Gupta
    • Harish Kumar Agarwal
    • Anil Nagpal
    • Rashmi Sharma
    • Karan Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Duratech Cements India Limited is Scf 270 Motor Market Mansa Devi Road Manimajra, Chandigarh, India, 160101.

  • The corporate identification number (CIN) of Duratech Cements India Limited is U26933CH2014PLC042728 and the company number is 042728 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Duratech Cements India Limited has fallen by -81.40%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Duratech Cements India Limited has experienced an upsurge of 1.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Duratech Cements India Limited amount to ₹ 79.13 Cr.

  • The most recent Balance Sheet for Duratech Cements India Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Cement & Cement Products